Third Lake, IL Houses for Sale

Third Lake offers a unique blend of water-based recreation and convenient access to urban amenities. Residents enjoy exclusive access to Third Lake and Druce Lake, perfect for boating, fishing, kayaking, and swimming. Druce Lake is motor-free, ideal for rowers and fishers, while motorboats are welcome on the larger Third Lake. The neighborhood is less than 50 miles from Chicago and has a rich history as a resort area dating back to the early 1800s. Today, year-round homes have replaced the seasonal cabins, with properties ranging from modest split-level houses to expansive lakefront homes. For those who prefer land-based activities, Caboose Park offers nostalgic playgrounds and an old train car for kids to explore, while Grant Woods Forest Preserve provides trails for hiking, biking, and winter sports like cross-country skiing and snowmobiling. Architecture enthusiasts can visit the New Gracanica Serbian Monastery, known for its stunning frescoes and domes. Families will find highly rated schools in the area, including B.J. Hooper Elementary School, Palombi Middle School, and Grayslake North High School, all known for their strong academic performance and supportive environments. Third Lake is also close to modern conveniences, with Gurnee Mills Mall just 3 miles away, featuring major retailers and a nearby Walmart Supercenter and Sam’s Club. Six Flags Great America is a short drive east on West Grand Avenue, offering a variety of thrill rides and family-friendly attractions. Local dining options include Something’s Brewing on Route 45. With a lower crime rate compared to the national average, Third Lake combines tranquility with the practicality of nearby shopping and entertainment.